Standard ErrorsLife insurance plans: Method of benefit payment

Table 18. Standard errors for life insurance plans: Method of benefit payment, Stateand local government workers, National Compensation Survey, March 2012

Characteristics

Basic life insurance method of payment

Fixedmultiple ofannualearnings

Variablemultiple ofannualearnings

Flat dollaramount

Variabledollaramount

Other

All workers

2.0

0.3

2.0

0.7

0.3

Worker characteristics

Management, professional, and related

2.3

0.3

2.2

0.8

0.4

Professional and related

2.4

0.4

2.3

0.9

0.3

Teachers

2.4

0.4

2.5

1.2

0.2

Primary, secondary, and special education school teachers

2.4

0.4

2.5

1.4

0.3

Service

2.2

0.5

2.2

1.0

0.4

Protective service

3.2

0.8

3.2

1.6

0.6

Sales and office

3.3

0.6

3.0

1.5

0.5

Office and administrative support

3.3

0.6

3.0

1.2

0.4

Natural resources, construction, and maintenance

3.3

–

3.4

1.2

–

Production, transportation, and material moving

4.0

1.1

4.8

–

–

Full time

2.0

0.3

2.0

0.7

0.3

Part time

3.8

–

3.6

1.0

–

Union

1.9

0.3

1.8

0.8

0.1

Nonunion

2.8

0.4

2.8

1.1

0.7

Average wage within the following categories:1

Lowest 25 percent

2.8

0.3

3.0

1.1

0.6

Lowest 10 percent

4.5

–

4.7

1.5

–

Second 25 percent

3.1

0.5

2.8

0.8

0.7

Third 25 percent

2.7

0.6

2.7

1.3

0.5

Highest 25 percent

1.7

0.3

1.6

0.7

0.1

Highest 10 percent

2.4

0.3

2.1

0.7

0.1

Establishment characteristics

Service-providing industries

2.0

0.3

2.0

0.7

0.3

Education and health services

2.5

0.4

2.4

1.0

0.3

Educational services

2.6

0.4

2.6

1.1

0.3

Elementary and secondary schools

2.3

0.3

2.4

1.3

0.3

Junior colleges, colleges, and universities

6.4

–

6.2

1.5

–

Healthcare and social assistance

4.4

–

4.3

–

–

Hospitals

5.2

–

4.9

–

–

Public administration

2.7

0.6

2.6

0.6

0.5

1 to 99 workers

4.7

–

4.9

–

1.8

1 to 49 workers

5.6

–

5.8

1.8

–

50 to 99 workers

6.5

–

6.4

–

–

100 workers or more

2.1

0.3

2.0

0.7

0.2

100 to 499 workers

3.0

–

3.2

1.1

–

500 workers or more

2.4

0.4

2.2

0.9

0.3

State government

4.8

0.8

4.7

1.2

0.9

Local government

1.7

0.3

1.7

0.8

0.3

Geographic areas

New England

5.2

–

5.6

–

–

Middle Atlantic

3.3

–

3.5

1.2

–

East North Central

4.2

–

4.0

1.0

–

West North Central

11.1

–

10.5

2.1

–

South Atlantic

4.7

0.6

4.7

2.7

1.5

East South Central

10.9

–

–

–

–

West South Central

2.9

–

2.5

0.4

–

Mountain

3.9

–

5.7

–

–

Pacific

2.0

–

1.8

1.1

–

1The categories are based on the average wage for eachoccupation surveyed, which may include workers with earningsboth above and below the threshold. The average wages arebased on the estimates published in the "NationalCompensation Survey: Occupational Earnings in the UnitedStates, 2010." See Technical Note for more details.

NOTE: Dash indicates no workers in this category or data didnot meet publication criteria. For definitions of major plans, keyprovisions, and related terms, see the "Glossary of EmployeeBenefit Terms" at www.bls.gov/ncs/ebs/glossary20112012.htm.